Matsiloje Cement in six-year loss making streak

Matsiloje Cement Co.PIC MORERI SDEJAKGOMO
Matsiloje Cement Co.PIC MORERI SDEJAKGOMO

FRANCISTOWN: A senior official at the cement company, Matsiloje Portland Cement (MPC) has disclosed that the company has been making serious losses since its inception six years ago.

MPC is a 100% subsidiary of Nortex Textiles.

The company’s managing director, Mukesh Josh told Businessweek in an interview that the company lost P13 million in its six years of operation. 

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